Property Type:
Commercial for Sale
Lot Size (sq. ft.):
105,851
Status:
Sold
Current Price:
$3,450,000
List Date:
12/21/2021
Last Modified:
10/13/2024
Overview
Description
Crow Road Apartments are a Value Add 36 unit multifamily development in Pensacola, FL. This property has received over $743k in capital improvements in the last 24 months and rents are well below market. The Property Management has outlined $120,000 worth of improvements that would allow rents to be raised $13,000 per month. This sale includes nine quadplex garden style buildings with twenty 2/2 and sixteen 2/1 units. This sale includes 290 Crow Rd through 530 Crow Rd excluding #320. Demographics available upon request.
Last Updated: October - 13 - 2024
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